Bajaj Auto Share Price: Bajaj Auto shares fell face down, know what is the reason for the fall?

Bajaj Auto Share Price: After the results of the second quarter of the financial year 2024-25, today i.e. on October 17, the shares of Bajaj Auto have fallen by more than 8%. This decline is being seen due to the company's results being weaker than experts' estimates.

The company earned a net profit of Rs 2,005 crore in the second quarter.

Automobile company Bajaj Auto has earned a net profit (standalone net profit) of Rs 2,005 crore in the second quarter of the financial year 2024-25. There has been an increase of 9% on annual basis. In the same quarter a year ago, the company had made a profit of Rs 1,836 crore.

The company has generated revenue of Rs 13,127 crore in the July-September quarter. Bajaj Auto's revenue in the same quarter a year ago was Rs 10,777 crore. This time there has been an increase of 22% on annual basis. The company has released the second quarter results today (Wednesday, October 16).

Bajaj Auto shares rose 106% in one year (Bajaj Auto Share Price)

Bajaj Auto shares have given a profit of 106% in the last 1 year. On October 17, 2024, Bajaj's share was at Rs 5,141, which is now at Rs 10,624. Whereas, the company's shares have increased by 17.22% in 6 months.